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HomeTop News

Top News

UK energy debt
Energy Crisis

UK energy debt reaches £3.7bn

September 30, 2024 Mariel Alumit

Ofgem has announced that consumer energy debt in the UK has reached £3.7 billion, a significant increase of £400 million from the previous quarter. This latest data indicates a 12% rise in energy debt and […]

PetroVietnam
Exports

PetroVietnam in LNG supply talks with Cheniere

September 29, 2024 Mariel Alumit

According to PetroVietnam, PetroVietnam Gas and Cheniere officials met in the US to discuss cooperation in supplying LNG to Vietnam to meet the country’s growing energy demand. Cheniere “appreciates and values ​​the potential of the […]

Coal

Britain Becomes First G7 Nation To Eliminate Coal Power Production

September 29, 2024 Stu Turley

Britain’s last coal power plant, Ratcliffe-on-Soar in Nottinghamshire, will cease electricity generation on Monday after 57 years in operation. This closure is in line with the government’s coal phase-out policy, which began nearly a decade […]

Electric Vehicles

Electric Vehicle Sales Are Stumbling. Here’s Why

September 29, 2024 Stu Turley

With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its net zero climate goals unless people give up their gasoline and diesel cars. For many years, […]

US Dollar
Finance

Status of the US Dollar as Global Reserve Currency: Share Drops to Lowest since 1995. Central Banks Diversify to “Nontraditional” Currencies and Gold

September 28, 2024 Stu Turley

The US dollar, still the #1 reserve currency held by central banks, keeps losing share in bits and pieces ever so slowly against a mix of other reserve currencies as central banks diversify their holdings […]

projects
Electrical Generation / Utilities

UK ‘zombie’ projects axed to free up grid space

September 28, 2024 Stu Turley

Electricity network operators have cancelled 10GW of stalled connection projects, often referred to as “zombie” schemes, according to figures released by the Energy Networks Association (ENA). This is part of a wider effort by the […]

Electrical Generation / Utilities

Octopus boosts US solar power expansion

September 28, 2024 Stu Turley

Octopus Energy’s generation arm has announced further investment in US solar power, part of its ongoing $2 billion plan to support renewable energy development across the country. This latest move comes just three months after […]

Climate
Climate Crisis

Hard Truths Come for Germany’s Climate Prophet

September 28, 2024 Stu Turley

Robert Habeck may be deepening the social divisions over environmental policy that he always wanted to overcome. Germany’s 2021 national election campaign to replace Angela Merkel as chancellor became a competition among various candidates to […]

TotalEnergies
Big Oil Companies

TotalEnergies boosts US LNG position with Eagle Ford deal

September 27, 2024 Mariel Alumit

TotalEnergies said the acquisition of these low cost and long plateau assets further strengthens its integration across the gas value chain in the US. This is the company’s second acquisition of non-operated shale gas assets […]

Offshore Oil And Gas Lease Sales
Climate Crisis

Biden-Harris Admin Won’t Hold Offshore Oil And Gas Lease Sales In 2024, First Time Since 1958

September 27, 2024 Mariel Alumit

2024 will be the first year since 1958 that the Bureau of Ocean Energy Management held no offshore oil and gas lease sales. This year will be the first year since 1958 that the Bureau […]

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